Shore Bank

Status:Inactive as of 10/10/2015
 Merger - Without Assistance
Successor Bank:Xenith Bank
Headquarters:Shore Bank
25020 Shore Pakway
Onley, VA 23418
Established:01/01/1961
FDIC Insurance:08/17/1962
FDIC Cert:#31294
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$389,843,000
Total Deposits:$337,278,000

History

1961-01-01Institution established: Original name:Shore Savings and Loan Association
1988-08-31Moved bank headquarters from ACCOMAC, VA to ONLEY, VA
1988-08-31Changed name to Shore Savings Bank
1992-12-21Changed name to Shore Savings Bank, F.S.B.
1992-12-21Changed organization type to STOCK SAVINGS BANK
1997-06-10Changed name to Shore Bank
1998-04-01Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1998-04-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
1998-04-01Changed organization type to COMMERCIAL BANK
2015-10-10Merged into and subsequently operated as part of Bank of Hampton Roads (27125) in VIRGINIA BEACH, VA
2016-07-30Moved bank headquarters from VIRGINIA BEACH, VA to RICHMOND, VA
2016-07-30Changed name to Xenith Bank (27125)
2016-07-30Acquired Xenith Bank (57487) in RICHMOND, VA
2018-01-01Merged into and subsequently operated as part of Union Bank & Trust (34589) in RICHMOND, VA
2019-02-01Acquired Access National Bank (35189) in RESTON, VA
2019-05-20Changed name to Atlantic Union Bank (34589)

Financial Information (2015-09-30 and Older)